Over the past 10 years, the economy has presented a number of challenges to current and aspiring homeowners. Because of this, as well as the natural differences in housing markets, short sales have become more commonplace. In fact, in 2009 the Making Home Affordable Program was introduced, including a component known as the Home Affordable Foreclosures Act provided homeowners with the opportunity to engage in a short sale and be forgiven of the remaining debt associated with the home. If you are considering a short sale in St Louis, you can trust the local area experts at FasterHouse.
A short sale occurs when the seller sells their home for a total value that is less than what is owed on the house in the original mortgage. While it is not ideal for a homeowner to have a short sale, sometimes it may be the best choice available if you are too far behind on payments or have had a life change (like the loss of a job) that will make it too difficult to make your payments going forward.
One of your main concerns in conducting a short sale of your house in St Louis is making sure that you get a fair offer. Since you are already taking less than the amount you owe on the home, it becomes even more important to get an offer that you are comfortable with.
For over 15 years, our clients have known they can trust us to deliver exactly that – fair, market-driven offers that you the home seller can be comfortable with. We have helped St Louis residents sell homes in all types of situations, including short sales.
Our process is simple and straightforward, which is important in what we know is a difficult situation. After you have contacted one of our friendly home buyers by phone or email, we will schedule a time to meet with you at your home. We will review your home’s interior and exterior to get a sense of what kind of shape it is in. With that knowledge in hand, we will be able to provide a cash offer to you. And our first offer is our best offer, saving you the frustration and hassle of negotiating. After you accept, we will work with one of the local area title companies in order to expedite the closing process.
Additionally, working on your St Louis home short sale directly with FasterHouse will save you on the administrative work that typically comes with a short sale; a process which might include working with real estate agents, lien holders, and more.
If keeping the short sale process as quick and painless is important to you – and we are sure that it is – then FasterHouse offers a great option for you. Whether you are looking for more information on short sales in St Louis, or you are ready to begin the process, our experts are here to help. Fill out this form or give us a call today at at 314-926-0660!